Empathy fosters a climate of trust and cooperation which could be the most positive driver to success in a M&A.
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Empathy is the ability to understand and share the feelings of another person. It is having the ability to feel the same - a super soft skill that is broadly talked of -but rare to find. And Empathy like compassion is one of divine qualities.
Even before the implementation of the Labour Codes as already enacted but not implemented, India is going to be the hub of the manufacturing sector in the years to come. Investors from all over the world are ready to make the huge investment that will impetus to the economy of the country. US...
Clear and transparent communication is fundamental to successful change management. HR plays a pivotal role in facilitating open dialogues between leadership and employees. This involves addressing concerns, sharing the vision for change, and explaining how it benefits all stakeholders.
There have been many instances where changes that made business and financial sense have refused to stick or have been rejected by the organisation and associates as the HR teams with employee centric views have not been engaged.
HR leaders should adopt a combination of top-down and bottom-up strategies. Top-down strategies involve senior leaders setting the vision and direction, while bottom-up strategies involve empowering employees to contribute their insights and ideas.
HR's role is to ensure factual responsibility, provide information and process, deal with situations on the way and ensure the transition is smooth.
The best way to overcome barriers is to have a systematic approach, effective communication, adopt procedures and timelines for delivery, have it reviewed and then select a volunteer employee team comprising of different departments to educate and accept feedback.
Resistance to Change will always be there but the 4C's Conviction, Commitment, Communication, and Courage will help the organisation minimize the resistance.
The apprehension about making bold decisions, the fear of failure, and the uncertainty surrounding the process should not hinder the development of a results-driven change management strategy.
